Oil prices adjust amid Middle East tensions
Oil prices saw mixed movements on Tuesday as heightened concerns over the Middle East conflict and reduced output at Libya’s largest Sharara oilfield raised fears of supply constraints. The potential
Oil prices saw mixed movements on Tuesday as heightened concerns over the Middle East conflict and reduced output at Libya’s largest Sharara oilfield raised fears of supply constraints. The potential
Oil prices rose on Monday, recovering some of last week’s losses, due to fears of escalating conflict in the Middle East following a rocket strike in the Israeli-occupied Golan Heights.
Crude oil prices have started the week with gains, buoyed by hopes of a rate cut and recovering from a second consecutive weekly loss posted last Friday. The significant news
Oil prices surged about 2% on Wednesday, driven by a larger-than-anticipated decline in U.S. crude stockpiles and a weaker U.S. dollar, which outweighed concerns about slower economic growth in China.
Oil prices remained stable on Monday, influenced by political uncertainties in the US and the Middle East, which supported prices despite the downward pressure from a stronger dollar and weak
Oil prices saw an increase on Wednesday following a significant jump in U.S. refining activity last week. This activity led to a larger-than-expected decline in gasoline and crude inventories. However,
Oil prices rose on Monday, driven by forecasts of a supply deficit from peak summer fuel consumption and OPEC+ cuts, despite global economic challenges and increased non-OPEC+ output. Brent crude
Oil prices experienced a rise during Asian trade on Friday, positioning themselves for a third consecutive weekly increase. This uptrend is supported by growing expectations that the U.S. central bank
Challenger Energy Group plc (LON:CEG), an Atlantic margin focused oil and gas company, has announced its audited Annual Results for the year ended 31 December 2023. The 2023 Annual Report and Financial
Oil prices saw a slight increase on Monday as traders balanced the anticipated rise in summer demand and geopolitical tensions against the impact of a stronger dollar. By 0850 GMT,